Real Estate Investment Properties for Sale in Roanoke, VA

Looking for investment property in Roanoke, VA with high ROI ?

Explore a variety of short-term homes & houses in Roanoke, VA. Invest wisely with VRBO & Roanoke, VA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Roanoke, VA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3557 Peakwood Dr SW Roanoke, VA The new home genie has granted your 3 wishes and more! An affordable South Roanoke locatio...	5 beds \| 4 baths \| 3,245 sq.ft.	$539,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.56% Airbnb Rental Income: $null Traditional Rental Income: $3502 Airbnb ROI: N/A Traditional ROI: 4.56%
5181 Crumpacker Dr Roanoke, VA Beautifully Updated Modern Home in Desirable Bonsack Area This move-in-ready gem has been ...	3 beds \| 3 baths \| 1,527 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.88% Airbnb Rental Income: $null Traditional Rental Income: $2193 Airbnb ROI: N/A Traditional ROI: 3.88%
291 McIntosh Rd Roanoke, VA Nestled in the desirable Steeplechase neighborhood, this home offers the perfect blend of ...	4 beds \| 3 baths \| 2,244 sq.ft.	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.18% Airbnb Rental Income: $null Traditional Rental Income: $2847 Airbnb ROI: N/A Traditional ROI: 4.18%
4631 Heather Dr SW #209 Roanoke, VA Great opportunity in the Glen - Condo with amazing views, tons of light, open concept floo...	2 beds \| 2 baths \| 1,844 sq.ft.	$269,950	Airbnb cash on cash: N/A Traditional cash on cash: 1.79% Airbnb Rental Income: $null Traditional Rental Income: $1510 Airbnb ROI: N/A Traditional ROI: 1.79%
294 Webster Heights Rd Roanoke, VA Hard to find in Botetourt County--brick ranch under $200K! This 2BR home in the Blue Ridge...	2 beds \| 1 baths \| 1,086 sq.ft.	$189,950	Airbnb cash on cash: N/A Traditional cash on cash: 6.97% Airbnb Rental Income: $null Traditional Rental Income: $1649 Airbnb ROI: N/A Traditional ROI: 6.97%
2756 Mcvitty Rd Roanoke, VA Welcome home to this beautifully maintained 3 bedroom, 2.5 bath home built in 2017, offeri...	3 beds \| 3 baths \| 2,525 sq.ft.	$540,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.73% Airbnb Rental Income: $null Traditional Rental Income: $2528 Airbnb ROI: N/A Traditional ROI: 2.73%
3315 Forest Ridge Rd Roanoke, VA Condo Bylaws do not have any rental restrictions for this immaculate home that features 2 ...	2 beds \| 2 baths \| 1,386 sq.ft.	$234,950	Airbnb cash on cash: N/A Traditional cash on cash: 3.65% Airbnb Rental Income: $null Traditional Rental Income: $1714 Airbnb ROI: N/A Traditional ROI: 3.65%
346 Allison Ave SW Roanoke, VA Outstanding views of the Roanoke Star await you from your primary bedroom suite private po...	4 beds \| 3 baths \| 3,004 sq.ft.	$434,950	Airbnb cash on cash: N/A Traditional cash on cash: 4.9% Airbnb Rental Income: $null Traditional Rental Income: $2956 Airbnb ROI: N/A Traditional ROI: 4.9%
3515 Yellow Mountain Rd SE Roanoke, VA You've been searching for the one. This is it. Step inside and feel it immediately -- the ...	3 beds \| 2 baths \| 1,620 sq.ft.	$270,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 5.28% Airbnb Rental Income: $715 Traditional Rental Income: $1986 Airbnb ROI: -0.92% Traditional ROI: 5.28%
4160 Arlington Hills Dr Roanoke, VA A beautiful split-foyer house in desirable SW Roanoke County is now available to be your n...	4 beds \| 2 baths \| 1,925 sq.ft.	$357,950	Airbnb cash on cash: N/A Traditional cash on cash: 4.56% Airbnb Rental Income: $null Traditional Rental Income: $2269 Airbnb ROI: N/A Traditional ROI: 4.56%
5613 Midway Dr Roanoke, VA Stunning City View Property - A Must-See! Welcome to your dream home with panoramic city v...	3 beds \| 2 baths \| 1,508 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.1% Airbnb Rental Income: $null Traditional Rental Income: $1829 Airbnb ROI: N/A Traditional ROI: 3.1%
525 Water Oak Road Roanoke, VA Welcome to this beautifully maintained 4BR/3BA brick ranch in Roanoke County! Home set on ...	4 beds \| 2 baths \| 2,322 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.28% Airbnb Rental Income: $null Traditional Rental Income: $2303 Airbnb ROI: N/A Traditional ROI: 6.28%
3558 Wright Rd SW Roanoke, VA Move In Ready!! This fabulously located brick ranch is updated and beautiful just waiting ...	3 beds \| 3 baths \| 2,399 sq.ft.	$399,950	Airbnb cash on cash: N/A Traditional cash on cash: 4.74% Airbnb Rental Income: $null Traditional Rental Income: $2652 Airbnb ROI: N/A Traditional ROI: 4.74%
7206 Red Cedar Cir Roanoke, VA Easy one-level living in this end-unit 2BR, 1.5BA patio home located in The Falls in North...	2 beds \| 2 baths \| 1,087 sq.ft.	$209,950	Airbnb cash on cash: N/A Traditional cash on cash: 4.74% Airbnb Rental Income: $null Traditional Rental Income: $1581 Airbnb ROI: N/A Traditional ROI: 4.74%
225 23Rd St SW #205 Roanoke, VA Rare 3 bedroom condo with tons of light, views of South Roanoke, impeccably maintained, op...	3 beds \| 3 baths \| 2,724 sq.ft.	$725,000	Airbnb cash on cash: -2.4% Traditional cash on cash: -0.97% Airbnb Rental Income: $757 Traditional Rental Income: $1407 Airbnb ROI: -2.4% Traditional ROI: -0.97%
3207 White Oak Rd SW Roanoke, VA This charming two-story brick home offers space, warmth, and major updates throughout. The...	3 beds \| 3 baths \| 2,579 sq.ft.	$629,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.42% Airbnb Rental Income: $null Traditional Rental Income: $2726 Airbnb ROI: N/A Traditional ROI: 2.42%
141 Norfolk Ave SW Roanoke, VA Architecture is art you live in, and this vintage warehouse-turned townhome proves it. Wit...	2 beds \| 3 baths \| 3,259 sq.ft.	$589,000	Airbnb cash on cash: -1.6% Traditional cash on cash: 0.91% Airbnb Rental Income: $672 Traditional Rental Income: $1749 Airbnb ROI: -1.6% Traditional ROI: 0.91%
3207 White Oak RD Roanoke, VA This charming two-story brick home offers space, warmth, and major updates throughout. The...	3 beds \| 3 baths \| N/A	$629,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.91% Airbnb Rental Income: $null Traditional Rental Income: $2427 Airbnb ROI: N/A Traditional ROI: 1.91%
5949 Village Lane Roanoke, VA Upgraded split foyer in a nice North County neighborhood. Fenced yard. Hardwood floors. Up...	4 beds \| 2 baths \| 2,158 sq.ft.	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.49% Airbnb Rental Income: $null Traditional Rental Income: $2367 Airbnb ROI: N/A Traditional ROI: 5.49%
3131 Garst Cabin Dr Roanoke, VA Welcome home to this spacious 4-bdroom, 2.5-bath property tucked away on a quiet cul-de-sa...	4 beds \| 3 baths \| 2,080 sq.ft.	$479,950	Airbnb cash on cash: N/A Traditional cash on cash: 2.95% Airbnb Rental Income: $null Traditional Rental Income: $2267 Airbnb ROI: N/A Traditional ROI: 2.95%
2622 Tillett Rd SW Roanoke, VA Welcome to this beautifully updated home in the highly sought-after Grandin area of Roanok...	3 beds \| 2 baths \| 1,506 sq.ft.	$384,950	Airbnb cash on cash: N/A Traditional cash on cash: 2.56% Airbnb Rental Income: $null Traditional Rental Income: $1792 Airbnb ROI: N/A Traditional ROI: 2.56%
6936 Plantation Rd Roanoke, VA A charming mid-century gem nestled in one of Roanoke's most established and convenient Nor...	4 beds \| 2 baths \| 1,750 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.81% Airbnb Rental Income: $null Traditional Rental Income: $2096 Airbnb ROI: N/A Traditional ROI: 5.81%
55 Murray Ct Roanoke, VA Stunning Living with Panoramic Mountain Views in Botetourt County! Welcome to this excepti...	4 beds \| 4 baths \| 3,268 sq.ft.	$699,950	Airbnb cash on cash: N/A Traditional cash on cash: 3.75% Airbnb Rental Income: $null Traditional Rental Income: $3570 Airbnb ROI: N/A Traditional ROI: 3.75%
3516 Timberline Trl Roanoke, VA Charming, fully furnished one bedroom condo located in sought after SW Roanoke County. Lar...	1 beds \| 1 baths \| 772 sq.ft.	$149,950	Airbnb cash on cash: N/A Traditional cash on cash: 4.46% Airbnb Rental Income: $null Traditional Rental Income: $1227 Airbnb ROI: N/A Traditional ROI: 4.46%
5432 Quail Ridge Cir Roanoke, VA Low-maintenance Hunting Hills patio home with a bright, open plan. The vaulted great room ...	4 beds \| 3 baths \| 3,576 sq.ft.	$547,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.78% Airbnb Rental Income: $null Traditional Rental Income: $2646 Airbnb ROI: N/A Traditional ROI: 2.78%
157 Clubhouse Dr Roanoke, VA BACK ON THE MARKET, PRICE REDUCED OVER $ 12,000. Offering 4 bedrooms and 2.5 baths across ...	4 beds \| 3 baths \| 1,836 sq.ft.	$327,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.62% Airbnb Rental Income: $null Traditional Rental Income: $2393 Airbnb ROI: N/A Traditional ROI: 5.62%
5223 Victoria St NW Roanoke, VA Welcome to 5223 Victoria Street--a beautifully versatile ranch-style home where comfort, f...	4 beds \| 2 baths \| 2,036 sq.ft.	$249,950	Airbnb cash on cash: N/A Traditional cash on cash: 7.03% Airbnb Rental Income: $null Traditional Rental Income: $2252 Airbnb ROI: N/A Traditional ROI: 7.03%
2350 Berkley Ave SW Roanoke, VA Possible 3rd bedroom! Welcome to this rare mid-century modern home in Grandin Village. Thi...	2 beds \| 1 baths \| 1,339 sq.ft.	$275,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 3.83% Airbnb Rental Income: $921 Traditional Rental Income: $1482 Airbnb ROI: 0.34% Traditional ROI: 3.83%
3913 Saul Ln Roanoke, VA Updated farmhouse on 2.99 acres ideal for ''farmette.'' Lots of outbuildings and animal pe...	3 beds \| 2 baths \| 1,568 sq.ft.	$299,500	Airbnb cash on cash: -0.44% Traditional cash on cash: 5.06% Airbnb Rental Income: $715 Traditional Rental Income: $1957 Airbnb ROI: -0.44% Traditional ROI: 5.06%
3125 Burnleigh Rd SW Roanoke, VA Spacious classic South Roanoke brick ranch with a subtle contemporary flair offering 4 bed...	4 beds \| 3 baths \| 2,724 sq.ft.	$529,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.59% Airbnb Rental Income: $null Traditional Rental Income: $2959 Airbnb ROI: N/A Traditional ROI: 3.59%
6635 Corntassel Ln Roanoke, VA Rare opportunity to own this 4 bedroom, 3.5 bathroom peaceful mountain retreat located on ...	4 beds \| 4 baths \| 3,898 sq.ft.	$998,700	Airbnb cash on cash: N/A Traditional cash on cash: 2.37% Airbnb Rental Income: $null Traditional Rental Income: $4133 Airbnb ROI: N/A Traditional ROI: 2.37%
5329 Eden AVE Roanoke, VA Picturesque 3 Bedroom Cape Cod in a sought-after South Roanoke County location. This well-...	3 beds \| 1 baths \| N/A	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.66% Airbnb Rental Income: $null Traditional Rental Income: $1455 Airbnb ROI: N/A Traditional ROI: 3.66%
1562 Strawberry Mountain DR Roanoke, VA Welcome to this beautifully maintained 4-bedroom brick Colonial located in the highly desi...	4 beds \| 4 baths \| N/A	$645,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.49% Airbnb Rental Income: $null Traditional Rental Income: $3282 Airbnb ROI: N/A Traditional ROI: 3.49%
8211 Wood Haven Rd Roanoke, VA Cute ranch in No. County. Fireplace in living room with natural gas logs. Nice size kitche...	3 beds \| 1 baths \| 960 sq.ft.	$223,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.89% Airbnb Rental Income: $null Traditional Rental Income: $1523 Airbnb ROI: N/A Traditional ROI: 4.89%
106 Windward Dr SW #106 Roanoke, VA Updated end unit townhouse with 2192 Sq Ft of finished space, finished basement has a sepa...	3 beds \| 2 baths \| 2,192 sq.ft.	$335,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.19% Airbnb Rental Income: $null Traditional Rental Income: $1755 Airbnb ROI: N/A Traditional ROI: 2.19%
5116 Meadow Creek Dr Roanoke, VA Discover this fantastic family home located in the highly sought-after Meadow Creek subdiv...	4 beds \| 4 baths \| 2,669 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.22% Airbnb Rental Income: $null Traditional Rental Income: $2974 Airbnb ROI: N/A Traditional ROI: 4.22%
25 Cabel Ct Roanoke, VA Welcome to 25 Cabel Ct, a beautifully maintained one-level home tucked away on a quiet cul...	2 beds \| 2 baths \| 1,688 sq.ft.	$455,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.72% Airbnb Rental Income: $null Traditional Rental Income: $2069 Airbnb ROI: N/A Traditional ROI: 2.72%
3767 Bandy Rd Roanoke, VA Well-maintained 3BR/2BA ranch in Roanoke County featuring one-level living and a functiona...	3 beds \| 2 baths \| 1,394 sq.ft.	$244,950	Airbnb cash on cash: -0.35% Traditional cash on cash: 5.44% Airbnb Rental Income: $715 Traditional Rental Income: $1749 Airbnb ROI: -0.35% Traditional ROI: 5.44%
52 Hillview Dr Roanoke, VA Welcome home! This meticulously maintained brick ranch home offers lots of updates, includ...	3 beds \| 3 baths \| 2,004 sq.ft.	$329,995	Airbnb cash on cash: N/A Traditional cash on cash: 6.14% Airbnb Rental Income: $null Traditional Rental Income: $2459 Airbnb ROI: N/A Traditional ROI: 6.14%
1246 Wasena Ave SW Roanoke, VA Step into timeless charm and thoughtful updates in this 3 bedroom, 2 1/2 bath Colonial Rev...	3 beds \| 3 baths \| 2,020 sq.ft.	$455,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.48% Airbnb Rental Income: $null Traditional Rental Income: $2453 Airbnb ROI: N/A Traditional ROI: 3.48%

Real Estate investment in Roanoke, VA

There are 326 properties for sale in the city of Roanoke . The median list price in Roanoke is $325,000 and the average price per square foot is $161. In May 2026, the average monthly cash on cash return in Roanoke is 4.00%. The average monthly rental income in Roanoke is $2,079.

Roanoke, VA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 326 investment properties available for sale in Roanoke.

In 2026, the best neighborhood to buy investment property is Fallon.

The ROI for Short-Term is higher than the Long-Term in Roanoke with average rental income of $757.

Your search for investment property begins and ends here

Investment Property for Sale in Roanoke, VA

3557 Peakwood Dr SW

Roanoke, VA

5 beds | 4 baths | 3,245 sq.ft.

$539,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.56%

Airbnb Rental Income: $null

Traditional Rental Income: $3502

Airbnb ROI: N/A

Traditional ROI: 4.56%

5181 Crumpacker Dr

Roanoke, VA

3 beds | 3 baths | 1,527 sq.ft.

$389,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.88%

Airbnb Rental Income: $null

Traditional Rental Income: $2193

Airbnb ROI: N/A

Traditional ROI: 3.88%

291 McIntosh Rd

Roanoke, VA

4 beds | 3 baths | 2,244 sq.ft.

$499,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.18%

Airbnb Rental Income: $null

Traditional Rental Income: $2847

Airbnb ROI: N/A

Traditional ROI: 4.18%

4631 Heather Dr SW #209

Roanoke, VA

2 beds | 2 baths | 1,844 sq.ft.

$269,950

Airbnb cash on cash: N/A

Traditional cash on cash: 1.79%

Airbnb Rental Income: $null

Traditional Rental Income: $1510

Airbnb ROI: N/A

Traditional ROI: 1.79%

294 Webster Heights Rd

Roanoke, VA

2 beds | 1 baths | 1,086 sq.ft.

$189,950

Airbnb cash on cash: N/A

Traditional cash on cash: 6.97%

Airbnb Rental Income: $null

Traditional Rental Income: $1649

Airbnb ROI: N/A

Traditional ROI: 6.97%

2756 Mcvitty Rd

Roanoke, VA

3 beds | 3 baths | 2,525 sq.ft.

$540,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.73%

Airbnb Rental Income: $null

Traditional Rental Income: $2528

Airbnb ROI: N/A

Traditional ROI: 2.73%

3315 Forest Ridge Rd

Roanoke, VA

2 beds | 2 baths | 1,386 sq.ft.

$234,950

Airbnb cash on cash: N/A

Traditional cash on cash: 3.65%

Airbnb Rental Income: $null

Traditional Rental Income: $1714

Airbnb ROI: N/A

Traditional ROI: 3.65%

346 Allison Ave SW

Roanoke, VA

4 beds | 3 baths | 3,004 sq.ft.

$434,950

Airbnb cash on cash: N/A

Traditional cash on cash: 4.9%

Airbnb Rental Income: $null

Traditional Rental Income: $2956

Airbnb ROI: N/A